Jurong Lake district has seen a lot of transformation in the last five years. The government has big plan to turn Jurong Lake district into the biggest regional centre outside CBD. Indeed, it has just gotten better. It will be our second CBD according to our Prime Minister Lee.

When plans were announced about five years ago to transform Jurong, many doubted how a place associated with industrial activities could become a regional centre. Many could not visualise what is coming in the future for Jurong but I believed. I have faith in the government of Singapore to put something on the Master Plan and materialise it. One of my friends from China once told me, “David, your government is the only government that I know when they put something into the Master Plan, they will make it come true.”

Back then, the place stood an old shopping centre called “Jurong Entertainment Centre” not known by many Singaporeans, has now five major shopping malls, namely,

JEM, Westgate, IMM, JCube and Big Box. Genting has opened their hotel in Jurong and more are coming up. Now, we have offices like Vision Exchange. Recalling about seven years ago, a mass market condominium project in Jurong East, Caspian, was launched at about S$500 psf. Today, the most expensive mass market condominium, J Gateway, stands at S$1,650 psf is also at Jurong East. Prices have tripled in the last 5 to 10 years.

The good news is this is not all. We now know that the Singapore-KL high speed rail station will be there too. To add icing on the cake, Jurong Country Club will be acquired by the government to make way for the high speed rail station and many new developments in future. The land currently occupied by Jurong Country Club could easily increase the size of Jurong Lake district by about 50% or more. Last but not least, the port will also move to Jurong.

Obviously, this will create more demands for housing in Jurong. In

terms of commercial properties demand, beside an increase of retail space needed, I also foresee two big groups of demand for office space there in future. Firstly, we will have shipping companies moving there. Even though some shipping companies may still want to have a presence in the CBD, they may set up a branch office there to be near the port. The second big group that will set up offices there are the Malaysian companies. Imagine a scenario where a staff in the Malaysian KL Head Quarters can have a meeting in KL in the morning, then board the high speed train to Jurong East to have another meeting with the Singaporean branch in the afternoon. On the same day, the staff will travel home to KL again.

There are a lot of potential for commercial properties in Jurong East. Join in the action.

David Poh, CEO

Address

Project

Sold On

Sale Price (S$)

S$ PSF

Bought On

Holding Period (y)

Profit (S$)

64 Boat Quay

15-04-15

9,300,000

8,917

06-06-06

8.9

5,850,000

16++ Duxton Rd

25-02-15

5,750,000

3,898

14-10-10

4.4

2,800,000

39 Hongkong St

06-03-15

17,208,888

7,971

18-01-11

4.1

11,508,888

39 Keong Saik Rd

01-05-15

9,300,000

7,300

23-10-12

2.5

2,950,000

59++ New Bridge Rd

01-05-15

18,500,000

4,284

15-08-03

11.7

15,800,000

32 North Canal Rd

05-02-15

7,800,000

4,830

30-01-13

2.0

1,800,000

35/36 North Canal Rd

14-04-15

15,000,000

4,479

35 North Canal Rd

01-06-00

1,500,000

892.33

14.9

6,030,638

36 North Canal Rd

03-06-13

6,800,000

4,077

1.9

672,770

75 Pagoda St

09-02-15

20,000,000

9,950

133 New Bridge Rd #15-03

Chinatown Point

16-02-15

2,321,000

2,202

16-11-09

5.3

1,266,000

140 Robinson Rd #08-02

Crown @ Robinson

05-05-15

2,340,000

3,628

140 Robinson Rd #08-03

Crown @ Robinson

05-05-15

2,340,000

3,628

140 Robinson Rd #08-04

Crown @ Robinson

01-05-15

3,923,760

3,409

140 Robinson Rd #08-05

Crown @ Robinson

06-05-15

3,675,360

3,350

140 Robinson Rd #10-01

Crown @ Robinson

16-04-15

3,886,580

3,409

140 Robinson Rd #10-07

Crown @ Robinson

14-04-15

2,151,200

3,634

20 Cecil St #04-02

GSH Plaza

08-05-15

1,571,237

3,246

20 Cecil St #05-02

GSH Plaza

17-04-15

1,682,702

3,261

20 Cecil St #08-10

GSH Plaza

06-05-15

2,364,392

3,012

20 Cecil St #23-02

GSH Plaza

29-04-15

2,488,382

3,083

2 Havelock Rd #B1-27

Havelock II

08-04-15

817,490

5,077

2 Havelock Rd #07-11

Havelock II

23-04-15

1,795,000

2,528

10 Anson Rd #22-16A+

International Plaza

04-02-15

3,530,000

2,102

20 Maxwell Rd #09-13

Maxwell House

24-02-15

520,000

1,933

26-09-94

20.4

358,000

101 Upper Cross St #B1-17F

People's Park Centre

13-05-15

700,000

1,862

26-01-11

4.3

170,000

101 Upper Cross St #03-64

People's Park Centre

10-02-15

905,000

2,339

23-08-10

4.5

345,000

30 Cecil St #19-01

Prudential Tower

14-04-15

14,057,340

2,803

100 Peck Seah St #07-12

PS100

02-03-15

1,674,488

3,245

09-04-12

2.9

196,808

100 Peck Seah St #07-13

PS100

16-04-15

1,684,600

3,265

09-04-12

3.0

226,110

3 Church St #08-01+

Samsung Hub

26-03-15

42,609,287

3,250

18-08-10

4.6

14,748,412

160 Robinson Rd #19-01

SBF Center

21-04-15

4,284,175

2,907

160 Robinson Rd #20-05

SBF Center

25-03-15

4,000,000

3,023

160 Robinson Rd #28-10

SBF Center

20-03-15

2,090,000

3,349

3 Shenton Way #12-02

Shenton House

04-03-15

1,064,000

1,903

21-05-94

20.8

560,000

7 Temasek Blvd #41-01/02/03

Suntec City

25-03-96

19.0

11,123,663

7 Temasek Blvd #41-01

Suntec City

06-03-15

14,512,450

3,010

7 Temasek Blvd #41-02

Suntec City

13-03-15

6,258,600

2,851

7 Temasek Blvd #41-03

Suntec City

20-03-15

8,005,400

2,601

8 Temasek Blvd #37-01

Suntec City

02-03-15

8,783,000

3,001

18-02-10

5.0

2,399,960

11 Collyer Quay #02-10

The Arcade

09-04-15

2,250,000

8,065

11 Collyer Quay #02-30

The Arcade

12-02-15

780,000

12,188

6 Eu Tong Sen St #12-17

The Central

30-03-15

1,710,000

2,693

01-03-11

4.1

528,900

8 Eu Tong Sen St #19-89

The Central

01-05-15

3,988,888

2,745

03-08-07

7.7

211,088

171 Tras St #07-173

Union Bldg

17-03-15

1,600,000

1,730

14-07-08

6.7

396,590

Source: Hiwire Data / URA

GSH Plaza Talk Mar 2015

.COM Apr 2015

STProperty Seminar & Expo Apr 2015

PCM May 2015

Thank you very much for your knowledge sharing for the commercial & industrial market. This 3 days, I've learnt many in-depth information which are not commonly available via the internet search or even through my upline's knowledge & experience. E.g. Legal 100% loan, how to maximise yield etc. These knowledge will also come in good hands when my mom is an investor herself, I can share some advice.

Last but not least, thanks for sharing more info on World Vision too! I can finally give a hand and adopt a child in need. Have been looking for a reliable organisation for long. Thank you for helping me.

Keslyn Chai, Class of May'15Property Agent

Clear & informative session. I learned so much in such a short time and now feel more confident in deciding my next investment move. Previously, I was just hitting in the dark. It was all hit or miss. Because I was not informed, I was afraid to invest in properties and miss out on lots of opportunities, leaving all my money to depreciate in the bank.

Raphael Chan, Class of Mar'15Property Investor

Thank you so much for sharing with us your knowledge on website creation, Facebook advertisement and more importantly the zero cost reposting techniques. We have benefitted so much.

Nicholas, Class of Apr'15Property Agent

To share your testimonial, write in personally to David Poh at: davidpoh@dpgroupi.com

Commercial / Industrial Real Estate

Workshop Dates

Program Dates

For Investors
Date: 30 Jun 2015 (Tue)
Time: 7.00pm to 10.30pm

Date: 14 Jul 2015 (Tue)
Time: 7.00pm to 10.30pm

For Agents
Date: 24 Jun 2015 (Wed)
Time: 1.30pm to 5.30pm

Date: 1 Jul 2015 (Wed)
Time: 1.30pm to 5.30pm

For Investors
Date: 8 Oct 2015 (Thu)
Time: 6.30pm to 10.30pm

Date: 9 Oct 2015 (Fri)
Time: 6.30pm to 10.30pm

Date: 10 Oct 2015 (Sat)
Time: 10.00am to 10.00pm

For Agents
Date: 16 Sep 2015 (Wed)
Time: 10:00am to 10:00pm

Date: 17 Sep 2015 (Thu)
Time: 10:00am to 10:00pm

Date: 18 Sep 2015 (Fri)
Time: 10.00am to 8.00pm

Competitive Online Marketing for Agents

Workshop Dates

Date: 30 Jun 2015 (Tue)
Time: 2.00pm to 5.00pm

Program Dates

Date: 6 Jul 2015 (Mon)
Time: 9.30am to 7.30pm

Date: 7 Jul 2015 (Tue)
Time: 10:00am to 7:30pm

Date: 8 Jul 2015 (Wed)
Time: 1:00pm to 6:00pm

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